The Centre's move to grant tax relief to foreign instututional investors (FIIs) earning income from government securities has been an instant success, with market veteran Deepak Shenoy pointing to additional inflows of about Rs 40,000 crore within days of the decision being taken. The G-Sec tax relief for FIIs was announced on June 5. Shenoy, who heads Capitalmind Mutual Fund, said overseas invesotors raise their holdings in government bonds sharply by June 15. The G-Sec holding of FIIs stood at Rs 3,23,802 crore as of June 1, and increased to Rs 3,63,760 crore in the next fortnight, he pointed out. "40,000 cr has now come into GSecs from FPIs after we have removed tax on capital gains and interest for them earlier this month (sic)," Shenoy posted on X. 40,000 cr has now come into GSecs from FPIs after we have removed tax on capital gains and interest for them earlier this month: pic.twitter.com/1dUlTBbsyZ — Deepak Shenoy (@deepakshenoy) June 26, 2026 Notably,...
Japan's Yuto Nagatomo created history on Thursday (local time) by becoming the first Asian player to feature in five FIFA World Cups during Japan's Group F match against Sweden in the 2026 edition at Dallas Stadium. The 39-year-old has previously featured in the 2010 South Africa, 2014 Brazil, 2018 Russia, 2022 Qatar, and 2026 Canada-Mexico-United States tournaments, making him one of the most enduring figures in international football. With this appearance, Nagatomo also became only the 10th player in football history to feature in five or more World Cup editions. The elite list includes Lionel Messi (6 editions), Cristiano Ronaldo (6 editions), Luka Modric, Luis Suarez, Manuel Neuer, Lothar Matthaus, Andres Guardado, Rafael Marquez, Antonio Carbajal, and now Yuto Nagatomo, who have played five editions, respectively. Japan's consistency was also reflected in the match result as they held Sweden to a 1-1 draw in their final Group F encounter. Both sides advanced to the R...